EU warns BiH about violating CEFTA accord

SARAJEVO, Bosnia and Herzegovina (BiH)

The EU said on Friday (June 19th) that BiH has violated its commitments under the Central European Free Trade Agreement (CEFTA) by adopting a controversial law on customs duties, media reported. On Thursday, parliament endorsed the bill, which imposes higher duties on nearly 1,000 items, in a bid to protect domestic production. In a statement, the EU’s office in BiH denounced the move and warned it also contradicts the country’s commitments under its Stabilisation and Association Agreement with the EU.